Intevac Receives $6.9 Million Production Contract from U.S. Army
Intevac, Inc. (IVAC)
Last intevac, inc. earnings: 4/27 04:05 pm
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Source: Business Wire
SANTA CLARA, Calif.--(BUSINESS WIRE)-- Intevac Inc. (Nasdaq: IVAC), announced today it received a contract for $6.9 million for the production of night vision cameras for the Apache Helicopter's Pilot Night Vision Sensor (PNVS) program for the U.S. Army. This contract for 144 cameras, from the U.S. Army's PM Apache Office in Huntsville, Alabama, will provide cameras for new Apache Airframe builds, Foreign Military Sales (FMS) orders, and spares. This contract vehicle enables the U.S. Army to procure additional units through May 2020 at pre-negotiated pricing. The Electronic Image Intensification camera is based on Intevac's patented EBAPS® (Electron Bombarded Active Pixel Sensor) digital imaging sensor for extreme low-light level detection. “Intevac finished deliveries outfitting the U.S. Apache fleet, spares and initial FMS customer orders in September of 2017. We are excited to be delivering ad
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